Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Retained Earnings (Unaudited)

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Condensed Consolidated Statements of Operations and Retained Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Condensed Consolidated Statements of Operations and Retained Earnings [Abstract]    
Net sales $ 28,256 $ 22,533
Cost of products sold 18,241 16,297
Gross profit 10,015 6,236
Other expenses and income:    
Selling, general and administrative 4,346 4,028
Selling, general and administrative - amortization 57 56
Interest income (11) (11)
Interest expense 5 80
Total other expenses and income 4,397 4,153
Income before provision for income taxes 5,618 2,083
Provision for income taxes 1,810 693
Net income 3,808 1,390
Retained earnings at beginning of period 84,632 74,383
Dividends (301) (200)
Retained earnings at end of period $ 88,139 $ 75,573
Basic:    
Net income $ 0.38 $ 0.14
Diluted:    
Net income $ 0.38 $ 0.14
Weighted average common shares outstanding:    
Basic 10,057 10,002
Diluted 10,086 10,028
Dividends declared per share $ 0.03 $ 0.02